Investment News 04/2013 (Page 2)

Barclays Plc (BARC)'s Andrew Taussig, head of investment banking for retail companies, left the London- based bank and joined Guggenheim Partners LLC, according to a regulatory filing and people familiar with the move. Taussig, who was also a vice ...(Apr 4, 2013, Businessweek)

State employee investment events in Sacramento, Ontario

The event brings together experts on a range of state-employee financial planning strategies. Representatives with the Social Security Administration, CalPERS and the new Savings Plus administrator, Aon Hewitt also will be on hand. The Savings Plus ...(Apr 4, 2013, Sacramento Bee (blog))

WASHINGTON -- The recent Wall Street deregulation push in Congress has been fueled by a significant disparity in campaign donations from big banks: Members of Congress who voted to expand taxpayer support for big banks in late March have received ...(Apr 4, 2013, Huffington Post)

Why Mexico's Become a Hotter Investment Than Brazil

Mexico, overshadowed by Brazil for years, has secured its place as the new favorite among investors looking to put cash into Latin America. "A lot of funds are looking into Latin America as sort of a portfolio of opportunities. Brazil became a lot less ...(Apr 4, 2013, CNBC.com (blog))

Correction: Investment Scam Story

In a story March 30 about a $600 million investment scam, The Associated Press, relying on information from state regulators, reported erroneously that the Securities and Exchange Commission began investigating the company at the center of the scheme ...(Apr 4, 2013, ABC News)

MGIC Investment Corp. will pay a $2.65 million penalty as part of a settlement over what the federal government says were "kickbacks" mortgage insurers gave lenders in exchange for business. In all, four mortgage insurers will pay $15.4 million in ...(Apr 4, 2013, Milwaukee Journal Sentinel)

SD Retirement System has good investment return

Retirement System Executive Director Rob Wylie says if that level of investment return holds through the end of the financial year, the system will be fully funded by June 30. That would mean its assets are 100 percent of the value of all potential ...(Apr 4, 2013, Businessweek)

Investment, environment top Jerry Brown's China agenda

That includes pursuit of Chinese government and business investment in everything from clean-tech companies to the state's $68-billion bullet train. Brown will help open a new state trade office in Shanghai, the first of its kind since the state ...(Apr 4, 2013, Los Angeles Times)

GM announces $332M investment into eco-minded powertrains

The plants will use the funds build a new Ecotec small gasoline engine as well as a new V6 and eight-speed automatic transmission. The cash will also go towards retooling a current six-speed transmissions. Flint will receive the bulk of the investment ...(Apr 4, 2013, Autoblog (blog))

Greece passes new law to spur investment, boost tourism

ATHENS (Reuters) - The Greek parliament approved legislation late on Thursday to boost private investment, a key condition to get the crisis-struck country out of its worst-ever peacetime recession. The new investment incentive law aims to cut red tape ...(Apr 4, 2013, Reuters)

How Europe's Trade and Investment Ties Have Frayed

The euro was launched in 1999 to increase prosperity by smoothing the flow of trade and capital within Europe. But as Europe lurches from crisis to crisis, ties are fraying. Trade and investment between euro-zone nations has diminished—which means the ...(Apr 4, 2013, Businessweek)

Can We Talk About the Global Investment Drought, Please?

But that hasn't happened, which means the real problem we're facing is the mirror image of a global savings glut: namely, a global investment drought. For more than a decade now, no matter how low interest rates have gone, the appetite for real-world ...(Apr 4, 2013, Mother Jones)

FIFA's investment in Afghanistan pays-off. (FIFA.com) Friday 5 April 2013. FIFA's investment in Afghanistan pays-off. An impressive climb of 48 positions to 141 in the latest FIFA/Coca-Cola World Ranking, a consistent increase in the amount of ...(Apr 5, 2013, Fifa.com)

Bitcoins are a bubble

First there was Tulip Mania. Then there was the dotcom craze. And let's not forget the run-up in housing prices. The newest bubble on the block is in Bitcoins, a 4-year-old virtual currency that has already increased ten-fold this year. And like all ...(Apr 5, 2013, CNNMoney)

Early learning is Washington's best return on investment: Guest opinion

Ever since the Washington Supreme Court ruled in McCleary that the state was not adequately funding K-12 education, we've heard a steady drumbeat that full funding is the state's most urgent priority. And it's true. But that's not all there is to ...(Apr 5, 2013, OregonLive.com)

CPP Investment Board Supports Agrium Board Slate

CPP Investment Board, one of Canada' biggest pension funds, has voted in support of Agrium Inc.'s. (AGU) board slate, a potential setback to Jana Partners LLC's efforts to shake up the Canadian fertilizer company's board. The proxy battle between ...(Apr 5, 2013, Fox Business)

Amazon CEO Jeff Bezos leads $5 million Business Insider investment

Jeff's investment grew out of a dinner he and I had about a year ago. We talked about the business, and he was excited about it. (He sees some parallels with Amazon). A few months later, he expressed an interest in investing. My reaction was basically ...(Apr 5, 2013, Poynter.org)

J.C. Penney surges as stocks slump. Huh?

Wall Street wants to see more scenes like this from struggling retailer JCPenney. Sales are still plunging. The market slid Friday after a terrible jobs report. Retail stocks were not spared. The SPDR S&P Retail exchange-traded fund (XRT) was down ...(Apr 5, 2013, CNNMoney)

Amazon's Bezos leads $5M investment in Business Insider

In a press release, the news site's co-founder, Henry Blodget, said that Bezos Expeditions, the executive's investment company, led the new round of financing that also included existing Business Insider investors Institutional Venture Partners and RRE ...(Apr 5, 2013, CNET (blog))

Billionaire Ken Griffin is Betting on This Energy Stock

Citadel Investment Group, a hedge fund managed by billionaire Ken Griffin, has reported ownership of 1.5 million shares of PDC Energy (NASDAQ:PDCE) in a filing with the SEC. In Citadel's 13F for the fourth quarter of 2012, the fund disclosed that it ...(Apr 5, 2013, MarketWatch)

Following Goldman, Investment Banks Eye Utah

That means Goldman will receive $47 million in Utah rebates by 2029, provided it keeps about 1,100 workers in the state and hits certain investment hurdles. Four years after signing that deal, Goldman has already met the first target. It has 1,500 Utah ...(Apr 5, 2013, Businessweek)

France Pitches Euronext Investment to Banks

Banks approached over a potential investment in Euronext have also raised concerns over the prospect of investing in Euronext because of the proposed tax on trades in stocks, bonds and derivatives that could soon be implemented in 11 countries in the ...(Apr 5, 2013, Fox Business)

WSDOT hires program manager for Airport Investment Study

The airport investment study will kick off this spring with stakeholder meetings and conclude with the publication of a comprehensive report for future legislative sessions. The study will evaluate the need for preservation and safety projects at the ...(Apr 5, 2013, Access Washington)

QUITO, Ecuador – Canadian gold-mining company Kinross Gold Corp. (KGC, K.T) is awaiting government reforms in Ecuador to develop its Fruta del Norte project, which will require an investment of at least $1 billion to build the mine. This investment ...(Apr 5, 2013, Fox Business)

VC investment continued to fall in 2012

U.S. venture capital investment activity fell to $29.7 billion in 2012, down 15 percent from the prior year. The number of investments also declined 4 percent, to 3,336 deals, according to Ernst & Young's Venture Capital Insights and Trends Report. The ...(Apr 5, 2013, San Francisco Business Times (blog))

Kazakhstan, Chinese Petroleum Discuss Oil for Investment Program

Kazakhstan's President Nursultan Nazarbayev and China National Petroleum Corp. President Zhou Jiping discussed a program that would boost investment in the Central Asian nation's energy sector in exchange for resources. The program would provide ...(Apr 6, 2013, Businessweek)

Wealth fund-backed Qatar investment firm to offer shares in May

Qatar unveiled plans to create the investment firm in February and said its sovereign fund arm, Qatar Holding, will transfer 2.3 billion euro worth of assets into the new firm, with a similar amount raised in an initial public offering on the Qatar ...(Apr 6, 2013, 4-traders (press release))

Morocco cuts state investment, may reconsider subsidy reform

RABAT, April 6 (Reuters) - The Moroccan government has decided to cut its investment spending this year by 15 billion dirhams ($1.8 billion) to reduce pressure on state finances, the finance ministry said in a statement. The government originally ...(Apr 6, 2013, Reuters)

The Investment Profile of the Modern Baseball Card, Part 2

The Investment Profile of the Modern Baseball Card, Part 2. By Jeff Hwang | More Articles April 6, 2013 | Comments (1). In Part 1 of this series, we noted seven good reasons how the investment profile of modern baseball cards has improved dramatically ...(Apr 6, 2013, Motley Fool)

EDITORIAL: Brain research is worth the investment

In the 4th century B.C., Aristotle argued that what separates humans from animals is our unique ability to reason. Some 2,300 years later, our best thinkers can tell us relatively little about how that reasoning takes place — how the brain operates ...(Apr 6, 2013, Torrington Register Citizen)

China Sovereign Fund Seeks Easing of Australia Investment Rules

An executive from China Investment Corp., the nation's $482 billion sovereign wealth fund, told Australian Prime Minister Julia Gillard that he hopes her government will reduce restrictions on foreign investment. Jin Liqun, head of the fund's ...(Apr 6, 2013, Bloomberg)

"I think we're going to get billions of dollars in investment coming from China," Brown said last week. "We're also going to facilitate billions of dollars in additional exports, not overnight, but over time." Brown has been planning the trip for more ...(Apr 7, 2013, Sacramento Bee)

Housing credits are solid investment

But more to the point, the LIHTC program is a solid investment for taxpayers. Contrary to popular belief, low-income housing isn't free. In fact, tenants are required to pay rent, and with the exception of some units designed for seniors, disabled ...(Apr 7, 2013, Springfield News-Leader)

Improved Trade, Investment Climate Excite Economic Managers

For Nigeria, there seems to be a gap between perception and reality, with reports of poverty and corruption covering many opportunities for exciting investment and sustainable economic growth. The administration of President Goodluck Jonathan has, ...(Apr 7, 2013, AllAfrica.com)

Organizing Your Investment Basket

With the Easter bunny relaxing after a busy holiday, kids from all over are given the task of organizing the candy and money collected during their hunts. Investors are also constantly reminded that their portfolio eggs should not be solely placed in ...(Apr 7, 2013, Seeking Alpha)

Creating a healthier Volusia provides return on investment

The first week of April was National Public Health Week, with the theme, "Public health is a return on investment: save lives, save money." It recognizes that lives saved (and costs avoided) by prevention of premature deaths, unhealthy personal ...(Apr 7, 2013, Daytona Beach News-Journal)

Mayor to Seek Foreign Investment During Trip to China

His first trip was part of the nation's EB-5 program, which encourages investment in U.S.-based projects. During his second trip in 2011, the city and Shaoxing County entered into a memorandum of understanding in an effort to increase trade, culture ...(Apr 7, 2013, Patch.com)

PM Discusses Development of the National Investment Bank

The meeting was attended by Minister of Planning and International Cooperation and the president of the National Investment Bank. The meeting reviewed the current status of the Bank and mean of benefiting from the experience of the bank in running ...(Apr 7, 2013, AllAfrica.com)

Backlash against Chinese investment in Africa

LOS ANGELES, April 4, 2013 — China's extensive investment in Africa is starting to raise concerns from residents of the continent. Many Africans accuse China of exploiting the naturally endowed, but poverty stricken, continent with little concern for ...(Apr 7, 2013, Washington Times)

Investment Trends European stocks looking like good investment opportunity

Stocks of companies in Europe and other developed countries outside the United States have had a much lower average annual return of 5.5% during the same period, said Ed McIlveen, director of performance analytics and research at Francis Investment ...(Apr 7, 2013, Milwaukee Journal Sentinel)

Are Sports Prices Too High To Deliver Return on Investment?

Along with death and taxes, add spiraling sports costs to the certainties of life. During good times and bad for advertising, prices keep climbing for the ultimate reality TV: live sports. But recently companies like DirecTV are pushing back against ...(Apr 7, 2013, AdAge.com)

Critics question investment fund's Sacramento rental venture

The giant New York investment fund – with its global portfolio of shopping malls, the Weather Channel and Motel 6 – owns nearly 10 times as many rental homes in Sacramento as any other private landlord, along with thousands of other homes across the ...(Apr 8, 2013, Sacramento Bee)

Russian Investment Slows on Rates, Ruble, Belousov Says

“Russia is experiencing a deterioration in investment conditions now, which is related to rising interest rates,” Belousov said yesterday in an interview in Hanover, Germany, where he was traveling with President Vladimir Putin. Currency volatility ...(Apr 8, 2013, Businessweek)

Altius Appoints Two to Global Investment Team

Altius Associates Ltd. has appointed two Senior Associates to its global investment team. Jeffrey Kopocis will be based in Richmond, VA office and Arnaud Garel-Galais will be based in the London office. Altius' Head of Investments, Bradford Young said ...(Apr 8, 2013, Private Equity Hub (press release))

Credit Suisse Qatar Venture CEO Plans Emerging Market Investment

Montasser, formerly head of asset management at EFG-Hermes Holding SAE, was appointed CEO and chief investment officer of the Doha unit. Montasser said Aventicum is waiting for license from the Qatari regulator to set up the fund and expects to obtain ...(Apr 8, 2013, Businessweek)

Telecom's Investment and the Economy

At a function recently, the Executive Chairman of the National Communication Commission, Dr Eugene Juwah, reported that since 1999 the telecommunications sector has seen investment totalling $25 billion. He also revealed that the number of active ...(Apr 8, 2013, AllAfrica.com)